US economy
Two different views of the economy. I think the bottom video is more accurate. He is working under the assumption that the Federal Reserve is incompetent. They are not incompetent, the Fed is crashing the economy on purpose. They are doing their job.
The US Economy Is Apparently F*cked
The Unthinkable Just Happened (and It Has Dire Consequences)-7 min
Meanwhile…Russia’s currency weakened on Wednesday to trade close to 91 per dollar after depreciating almost 2% to levels last seen a month after the invasion of Ukraine in February 2022. This is being blamed on the back-blow from the Wagner incident and Joe Blogs does his usual “The Russian [Chinese] Economy is collapsing” video. We shall see. At the moment it seems a race to the finish line. Who will collapse first? Russia coped very well with the sanctions after the SMO on 24 Feb 2022 and I should imagine that it will soon stabilize.
USD to Rub Chart pic.twitter.com/oWV2KrxeKB
— Elijah (@CherithElijah) July 8, 2023